29 Oct
|
Outsized
|
Mumbai
Who are we? Outsized is a high-growth, well-funded disruptor in the fast-evolving talent economy. We focus on full-time contracts (remote or onsite), typically between 1-12 months. We help our talent upskill, so they have better chances of landing their dream projects and charge fair rates. Who are we looking for? We are looking for an experienced Banking Consultant for a live banking transformation project with a leading global consulting firm. The initiative is focused on reimagining and automating the end-to-end onboarding and lending journey for a major bank. The consultant will bring hands-on banking expertise to assess existing workflows, identify process improvement opportunities, and shape innovative automation solutions across Relationship Management (RM), underwriting, and Credit Administration (CAD). This is an excellent opportunity for individuals who want to make a significant impact by applying their domain knowledge to redesign the lending journey, improve operational efficiency, and enhance customer outcomes. Role &
Responsibilities:
• Reimagine the end-to-end onboarding and lending journey, identifying opportunities to streamline processes and improve efficiency.
• Support RM-related activities, including product innovation, go-to-market (GTM) strategy, Credit Appraisal Memo (CAM) preparation, and sanction letter creation.
• Evaluate underwriting processes and identify opportunities to enhance decision-making through smart scorecards and Delegation of Authority (DoA) frameworks.
• Identify opportunities to automate CAD activities, including document verification and data entry,
using AI-led solutions.
• Benchmark existing processes against industry practices across leading Indian banks and identify opportunities for digitisation and automation.
• Assess process-level risks and controls, developing innovative approaches to improve operational effectiveness while maintaining appropriate risk safeguards. Skills &
Qualifications:
• 5-7 years of relevant experience, with a minimum of 2 years of hands-on exposure to banking onboarding and lending processes within the last 2 years.
• Experience in either a Relationship Management (RM) or banking Operations role, with a strong understanding of the end-to-end lending journey.
• Solid domain knowledge of Credit Appraisal Memo (CAM) preparation and the responsibilities of underwriting and Credit Administration (CAD) teams.
• Familiarity with lending practices, workflows, and operating models across leading banks in India.
• Understanding of digitisation and AI-led automation opportunities in banking transactions and processes.
• Ability to identify process risks and controls, challenge existing ways of working, and develop forward-looking ideas for automation and digitisation.
• Preferred: Current or recent experience with ICICI Bank, Axis Bank, HDFC Bank, SBI, Bank of Baroda, Punjab National Bank, DBS, or Standard Chartered. Experience with smaller private banks and small finance banks is excluded from consideration. Other Info:
•
Location:
Mumbai, India
• Work arrangement: Full-time, on-site
• Duration: 6 months, with a possible extension to 12 months
📌 Banking Consultant (Mumbai)
🏢 Outsized
📍 Mumbai